Get Your Bidding Fingers Ready

Popular property portal Zoopla.co.uk is setting the standard for online property auctions following the success of their first auction on the 12th February 2010.

It is believed 75,000 property investors visited the website during this 3 day period, with approximately 1,000 of them becoming new site registrations…


And it is undeniable that the property auction was a complete success. Selling properties ranging from a £30,000 flat to a £750,000 farm in Lancashire, the average property for sale was valued at £104,000, with a total of 57 sales being completed during the whole auction…

Following on from this success, property portal Zoopla have revealed plans to now hold online property auctions every month, starting on a Thursday afternoon and ending the following Sunday.

And admittedly these auctions present great opportunities for property developers, sellers and estate agents looking to get back on the property market.

Free to bid without having to leave your home, there is no confusion over who is winning and how much you are paying. Instead these online auctions provide a clear opportunity to bid on the properties you want without interference.

Plus with all of these properties available to view up to a week in advance of the auction, property investors have got ample time to view and assess the profitability of the property before they bid.

Original Article

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Peter Franklin, Property Mentor Delegate

I used to believe stocks and shares were the only way forward, yet after 15 years of property investing, neither of these can compare with the sheer velocity or impact that property investment can have on your bank account. Only with property can you truly experience the power of being in control of immediate cash flow AND capital appreciation. Stocks and shares simply cannot compete. Read more